Powers of the it@ab Network
In view of the foregoing objectives and for the better attainment thereof, the powers of IT@AB shall include:
- to represent the views of Members to, and to cooperate with, any government, authority, institution, association on any matters directly or indirectly affecting the objectives of IT@AB.
- to collect, disseminate, or make available information on any relevant and accessible matter connected with or affecting the objectives of IT@AB.
- to print, publish or support any magazine, periodical, brochure, or publication as may seem consistent with the objectives of IT@AB.
- to encourage and promote membership of IT@AB and any affiliated organisations thereof.
- to communicate, exchange information or become associated with any organisation in any country, the aims of which are consistent with the objectives of IT@AB.
- to acquire by purchase, lease, donation, establishment, bequest or any other legal mode of acquisition, any movable or immovable property including commercial non-commercial entities and affairs.
- to sell, donate, mortgage, exchange, partition, lease or dispose of by any legal mode of alienation, any of the movable or immovable property including commercial non-commercial entities and affairs of IT@AB.
- to accept gifts whether subject to any special conditions or otherwise which may be determined, directly or indirectly, to benefit or enhance the stated objectives of IT@AB and to administer trusts and other funds provided that the conditions pertaining to such gifts or trusts are not in conflict with IT@AB’s objectives.
- to open and to operate a banking account or accounts.
- to borrow or raise money whether secured or unsecured either with bankers, members or other persons and, if necessary, give security therefore in any form whatsoever and in respect of the whole or any portion of the assets of IT@AB.
- to insure the assets of IT@AB and any other assets for which, for the time being, it may be responsible.
- to lend or invest the funds of IT@AB upon such terms or conditions as may from time to time be determined, subject to the condition that any income derived from such investment shall be applied in promoting the objectives of IT@AB.
- to establish, maintain and contribute to any pensions, medical aid, provident or other fund or scheme or to make such other provisions for the benefit of IT@AB’s employees or their dependants as IT@AB shall from time to time determine, subject to relevant laws.
- to make and, from time to time, to alter or vary the rules regulating the affairs of IT@AB.
- to do all such lawful things as are incidental or conducive to the attainment of the objectives of IT@AB or as may be determined to be in the interests of Members.
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